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Japanese Exports Propel Economy

Current-Account Surplus
Grew 46.2% in February
Despite the Stronger Yen

By

Jonathan SobleDow Jones Newswires

Updated April 12, 2004 2:24 p.m. ET

TOKYO -- Japan's current-account surplus expanded 46.2% in February from a year earlier, the Ministry of Finance said, marking the eighth consecutive month of expansion as exports propel the country's economic revival.

The surplus in the current account, the broadest measure of Japan's trade with the rest of the world, stood at &yen;2.157 trillion ($20.27 billion) before seasonal adjustment.